Markets

The European Commission on Friday urged online platforms to gird for a fresh wave of consumer scams linked to the resurgence of COVID-19 infections in Europe and said they need to work harder against the spread of disinformation related to the pandemic.

ViacomCBS Inc beat analysts' estimates for quarterly revenue on Friday as higher demand for its streaming services, CBS All Access and Showtime, partially offset a decline in ad sales.

ViacomCBS Inc beat analysts' estimates for quarterly revenue on Friday as higher demand for its streaming services, CBS All Access and Showtime, partially offset a decline in ad sales.

Hershey Co on Friday beat quarterly sales estimates and reinstated its full-year outlook boosted by strong Halloween sales and demand for chocolate chips and cocoa powder from people taking up baking while stuck at home due to virus-driven lockdowns.

SINGAPORE: SIA Group on Friday (Nov 6) reported a first half net loss of S$3.5 billion amid a “sharp drop” in passenger traffic as the COVID-19 pandemic continues. Passenger numbers fell by 98.9 per cent due to tight global border controls and travel restrictions, it said in a news release ......

The German government believes flag carrier airline Lufthansa could need more money next year, Der Spiegel magazine reported, citing an internal government document.

As the British and Australian central banks prepare to crank up their money-printing presses and the U.S. election outcome ups the pressure for more Federal Reserve action, one thing is clear - already-scarce government bonds will get harder to find.

Many of Europe's travel tech companies have suffered setbacks as the coronavirus pandemic has forced governments to restrict people's movements, but amid the carnage one German startup is pushing ahead with its growth plans.

The German government believes flag carrier airline Lufthansa could need more money next year, Der Spiegel magazine reported, citing an internal government document.

A gauge of Asian shares was set to cling to a near three-year peak while the dollar stayed sluggish on Friday as the prospect of a divided U.S. legislature dimmed the chance of major policy changes, lifting risk appetite.